$799,000
Available - For Sale
Listing ID: X12058864
79 RIVER Road , Lambton Shores, N0M 1T0, Lambton


2 BEDROOM RIVERFRONT CHARMER AT GRAND BEND MARINA | 180 METERS / 1.5 MIN WALK TO GRAND BEND'S FOREVER SANDY SOUTH BEACH & LAKE HURON | STELLAR VIEWS OF LAKE & SUNSETS | MASSIVE RENTAL POTENTIAL AS 2 SEPARATE UNITS: This former residential apartment above a fishing outlet now converted to a 2 bed 1 bath Apartment with newly renovated main floor commercial space ready for occupancy. it's a 4 season gem that has the potential to be a rental income monster, especially considering the price point. For a change, this is a value-driven real estate offering where the location-based characteristics exceed every other offering even close to this price range. Hands down, the value meter is at 11 with this 2014-built metal clad 1500 square foot building, in fantastic condition, now fully winterized, and with a low maintenance full concrete property & picturesque portrait worthy view of the lake & sunsets that are better than those seen at some lakefront properties sold in this area! Come out & collect those multi-million-dollar panoramas & big Airbnb income without having to pay anywhere near the prices of properties that offer similar views & income potential. Plus, you'll be just steps to fantastic amenities such as the Cottage Cafe, White Caps, and our local Art Gallery and boat launch. Speaking of boats, the ample parking on site provides lots of room to park your boat or jet skis when they aren't docked right at your property. PUBLIC dock space at the property has been available more often than not for the current owner, but this is NOT owned, and dock space is not guaranteed as part of this listing. Offers any time. Priced below market value. Appliances and furnishings included.
Price $799,000
Taxes: $4418.00
Tax Type: Annual
Occupancy by: Owner
Address: 79 RIVER Road , Lambton Shores, N0M 1T0, Lambton
Postal Code: N0M 1T0
Province/State: Lambton
Legal Description: PT LT 1 CON LAKE ROAD WEST BOSANQUET PT
Directions/Cross Streets: River Rd. & Heaman Dr
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 0.04
Total Area Code:  Acres
Office/Appartment Area: 1500
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Sprinklers: No
Washrooms: 0
Outside Storage: F
Rail: N
Crane: F
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Heat Type: Other
Central Air Conditioning: Yes
Sewers: Septic
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP - SELECT REALTY
Personal Picture
HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Commercial Retail
Area: Lambton
Municipality: Lambton Shores
Neighbourhood: Grand Bend
Style:
Lot Size: x 59.27(Feet)
Approximate Age:
Tax: $4,418
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years